Topic: [ANN] MOBILEGO Crowdfund [$53 Million] - Decentralized Mobile Gaming Solutions - page 18. (Read 406984 times)

Today we would like to tell you more about a special web app in our GNation ecosystem created for game publishers and developers. The app is called Publisher Account and, as its name suggests, allows business to work with GNation: upload and customize content, push games and marketing materials for publishing at GN.ORG, and make integrations.

How it works: After publisher’s game get on the Esport platform (HTML5 games and games from PlayMarket and AppStore whose developers have integrated our SDK), the app will keep track of all users’ in-game purchases. Developers will have access to their games’ statistics and will be able to withdraw their money in MGO tokens. In a sense, the app works somewhat like API for Android and iOS and allows publishers to manage apps and statistics in the GNation ecosystem.

If you have any questions, please feel free to ask them in <#474028356636114961> . Later, we will compile them all in a single post and provide all the answers.

More and more updates coming

Join discord

Dear holders of MobileGo tokens,

With September just a couple of weeks away, we wanted to give you an update on the development of the Swap platform.

First of all, the development process is in full swing, and we already have quite a lot to share with you. As you already know, the Swap platform will allow the MobileGo token investors to exchange wMGO tokens for eMGO tokens. This was deemed necessary, because the technical issues prevent the use of wMGO tokens within the Gnation ecosystem. The platform will provide the users with a personal account dashboard that will reflect the number of wMGO tokens the user owns. Using the platform, you’ll be able to exchange these tokens for eMGO tokens after providing the address of your private (not exchange) wallet. The dashboard also provides the users with transaction history, and there is a help page with instructions detailing the process of exchanging wMGO tokens for eMGO. We are posting some initial mock-ups of the platform for your information, but please, keep in mind that these are very rough drafts that weren’t made to look “pretty” and the final version will look different. In the coming week, the developers will work on connecting more of the functionality on the Ethereum side for eMGO distribution, building out the Waves functionality to monitor address balances and transfer wMGO tokens to the reserve, and incorporating the mockup designs into the web app.

As you probably remember, the development of the previous iteration of the Swap platform was carried out by the people who had left our team without completing their work, and thus blowing the previously announced deadlines. As a result, we had to quickly find new partners to keep the development within a set timeframe and to release the product as soon as possible. We had partnered with a New Zealand company Blockchain Labs NZ, which specializes in development and audit of smart contracts and blockchain platforms. You can read all about them here https://www.blockchainlabs.nz/, but we just wanted to let you know that the last few weeks have proved to us that these guys are real professionals, and we are 100% sure of what they are doing and their ability to keep the deadlines. As we already wrote previously, the release of the Swap platform is set for mid-September, so stay tuned, it’s coming your way very soon!

Screenshots of the app on discord

Better share the links of these channels which have been created for communication with dev. Any reason why the team is still silence even community manager posted something really strange about the situation of this project and he said there is no funds in hand even to pay the salary and he is not got paid from last 6 months. That is big allegation which made made the panic to all investors who are still holding and want to the exact situation of this project.

Maybe trolls maybe not. The truth is investors got hurt with this investment. Sure they will say the things out loud.

Samad gave a good overview how the people felt. But now things seem to be moving see previous post. If they fail again I will be happy to feed the trolls here

It seems like there is no way of knowing where the funds are located, if any are left and what happened to the spent funds in the firs place.

It was refreshing reading the Medium post from Samad Sajanlal. At least we get an idea of what really is going on. Sure we read what Jack had to say but we also needed something else since the "owners" have kept silent here.

Nice to see all the trolls are still here. The more fud the
sooner the price goes up. The old channels of mobilego are no longer in use.

New channels are created please make sure to follow them for the latest news.

Things are delayed thats for sure but so are most projects.
This project is getting momentum in the next months.

21-08-2018 roadmap MGO (that's today)

August 2018 - 1 or 2 new exchanges listing MGO/Game
September 2018 blockswap for wmgo holders to emgo developed by blockchainlabz (new development partner for mgo)

Q4 2018 - Q1 2019 release of Gplay and several other apps

Also new announcements coming regarding partnerships.

That sums it up for now.

Ask yourselves this why are people still ranting and trolling this topic if they call it a scam?
Exactly most are just kids trying to get 10$ on a trade. And others are trying to convince themselves that it was good to dump under the price of the ico. Excellent times to buy it is and the amount of trolls are confirming it.

Always do your own research.... don't feed the kiddy trolls

Excellent and clarifying Medium post. Unbelievable to see how bad this project has been managed, most if it is just laughable.


Hopefully the foundation can actually help to bring the original vision to life.

https://medium.com/@samadsajanlal/the-gamecredits-mobilego-gnation-situation-as-observed-by-a-3rd-party-e3345b0d4a50

This link speaks volumes from a third party (Samad Sajanlal) that visited the MobileGo (GameCredits & GNation) office in Belgrade, Serbia.

The above link Medium post ends with this:

"It’s sad to see a company that raised so much and made such glorious promises hit the dirt like this, but at least there’s still a slim chance of recovery for investors to get funds back through the proper channels. While I’m not a lawyer, it does seem like there’s a pretty solid case here against GNation, Sergey Sholom, and Maxim Sholom."

I bet they'll not take legal actions against anybody. This would bring them in a very uncomfortable situation. They'll not spent a penny from their gained millions.

Their success of their ICO has shown them how stupid some people are and believe evrzthing they've been told. Maybe it could be a good excuse in the future, like "all these legal actions cost us so much, all the money is gone" 

But who is actually a "stupid" one? The one who was not able to cut losses. Lost 99,9 and still claims to be a good trader
The ones you can tell the most weird stories to and they believe it over and over again. Sometimes because they are stupid, sometimes because they want to believe and sometimes both. The ones who never, really never ever, learn their lesson. No matter how much it pains. It is pure natural selection.

People who bought these tokens blinded by the big gain bubble promise. People who never asked themselves: Hey, if I would get 53 million usd, why would I spent anything from it for a project and get nothing in return? It was, like all other ICO's, a nobrainer for everyone reasonable. You don't give russian twins a blanco cheque over 53 million without any warranty.

Give a bullshitter 53 million usd for bullshitting you. I bet they enjoy this situation very much. Like, hey bro, what briliant shit can we write in the roadmap coming up next? If you lost money here and were able to cut at least your losses, just enjoy the show which makes you asking "how the hell we could make it to the moon"

Here it is: https://www.ccn.com/sports-token-ico-issuer-mobilego-threatens-critics-with-legal-action/

Sports Token ICO Issuer MobileGo Threatens Critics With Legal Action

MobileGo, which bills itself on its website as a dedicated token to bring eSports to everyone, has warned it will consider legal action against people making unreasonable demands against the company.

The situation came to light on Twitter Friday, Aug. 17, when one tweeter commented that an ICO issuer is threatening to sue investors and anyone critical of their execution.
MobileGo performance. Source: Coinimarketcap.com

The tweet includes excerpts from a message from MobileGo CEO Sergey Sholom.

Sholom, writing on the MobileGo channel, stated there has been a lot of “noise” about “investor money” and advised readers there will be legal action considered against parties spreading rumors that undermine the token’s value.

CEO Admits Mistakes

Sholom admitted he made mistakes along the road and that he wasn’t sufficiently involved in the project’s development, but that professional management has been established.

He said there will be no compromises with unsatisfied developers or investors. He claimed there have been malicious rumors from people who did not care what they were doing and some that had their own agenda.

The only “legit” goal of the project is the success of the token and the platform, Sholom said.

As the business is under attack, Sholom said all “immature and ridiculous” demands will be directed to his lawyers who will decide which merit a lawsuit.
Third Party Perspective

Samad Sajanlal, a cryptocurrency consultant who claims to have done some work on the network, offered some background about MobileGo on Medium.

Prior to MobileGo project, a project called GameCredits was founded with the purpose of providing a universal gaming currency called GAME.
GameCredits performance Source: Coinmarketcap.com

Sajanlal said that in late 2016, Sholom and his brother, Maxim, who owned a company called Datcroft, approached GameCredits and promised they could deliver thousands of users in less than a year, along with an online store for games.

Jack Kuveke, who identifies himself as one of the first 10 members of GameCredits, noted on Reddit the Sholom brothers took over as CEO and product director/financial director.

The brothers in 2017 decided to launch their own ICO called MobileGo or $MGO as a complementary token to the GameCredits coin, Sajanlal said. Where GameCredits token is a gamer currency, the MGO token was designed as a token for wagering in eSports tournaments, he noted. The ICO raised $53 million.

In the fall of 2017, the brothers realized their applications would not be ready to go to market, Kuveke said. They then launched GNation as a gaming brand to help cryptocurrencies obtain partnerships with non-cryptocurrency parties, he said.
Developers Dismayed

A faction of developers in April of 2018 complained that the COO the brothers had put in place was engaging in side projects and undermining the overall efficiency, Kuveke said. The Sholoms then began to spend more time at the headquarters, during which it became apparent that they had a vision for the company they were not sharing with the development team.

In the meantime, MobileGo has not removed a white paper from its website that states that more than 300 games from 150 developers are already signed on and that the GameCredits mobile store is scheduled to release in the early second quarter of 2017.

During a July trip to the company’s Belgrade headquarters, Sajanlal said he met the whole team. He goes into a lot of detail on Medium about his visit, which left him with a very unfavorable of the company’s situation.

One day during the course of his July visit, Sajanlal said he was told by employees that the brothers sent an ultimatum that caused some of them to leave the office to go home to work.
Goals Unfulfilled

Sajanlal claims not fulfilling the goals outlined in the white paper is equivalent to an ICO fraud.

While the brothers promised thousands of games integrated with GameCredits, there is only one game that integrates with it, Sajanlal said. He claims the developers are exhausted and many are not working for what they were hired for.

A group within the organization has since decided to split off and build the GameCredits ecosystem under a new name, Sajanlal said. An organization called the GameCredits Foundation is attempting to develop the original GameCredits vision of a universal gamer currency. This organization is not funded by GNation.

Sajanlal claimed the Sholoms have shifted from what they promised in the white paper to humanitarian and charity ventures. He advised them to fund the GameCredits Foundation to build the original vision and to then step aside.

Comments were posted on Reddit a year ago by people claiming to have purchased MGO tokens in an ICO but not received them.

According to isthiscoinascam.com, MobileGo is missing some important profile data, including details about the white paper, the GitHub Repository and about the available exchanges.

You know the original concept of this project and where dev team is engaged to bring that unique features. If you have some inside info than share with the community instead of share your own personal feelings about this platform. Very panic situation because of no progress till now since ICO.

https://www.ccn.com/sports-token-ico-issuer-mobilego-threatens-critics-with-legal-action/

hooray! media coverage for MGO!

The mobile games industry is developing rapidly. Thanks to this, the MobileGo token can show high results. I also like the fact that people who know the games well and understand the philosophy of project development are engaged in its development.

You have raised valid points. I look forward to reading a response from anybody related to the MobileGo team.

Next to nothing mentioned in the whitepaper has been fulfilled.

Where the is the money? Where has the money been spent? Can we all have a wallet address to show exactly how much funds remain please?

"if anyone do have claims that he is entitled to something that he did not receive, it will be simple conversation between our lawyers that clear whole situation."

Sergey, can you please provide the contact information for your lawyers.

The whitepaper clearly lists several things which have not been fulfilled. I invested heavily, in part, because of what was stated in the whitepaper.

Getting people to invest money based on false statements/information = fraud.

Please provide a list of the 150 developers you already have signed on as stated in the MGO whitepaper.

Please show me the store with 300 games that was promised OVER A YEAR ago.



You release a statement essentially bullying people that invested millions of dollars and continue to provide little/no evidence of anything substantially accomplished.

You show a lack of leadership. You have exhibited a lack of a business acumen. You present yourself as petty and childish. Releasing a statement like that with so many grammatical errors is simply sloppy. Please explain why anyone should trust you or have any faith in you at this point?

Every time visiting this topic made me depressed almost since ICO. But now I feel more positive despite all the talks about scam. As for me they began to do something in the right way after the scandal. Anyway it could't be worse then two or one months ago for example. So I hope for ressurection

If you look over the historical price than the raised money is almost x5 at this moment but they never tried their best to bring unique features for this project. Now only investors left in this journey with hope to see some miracle which will help us to fin the way to get recover.

I don't know if they can give us a chance to audit the disbursements of funds, but I hope they will so the doubts will be erase.
Let us not forget the BTC in the previous as well, that money had already double now, they have a lot of money to give our expectation but we want to know when.